Club Sale | It’s done!

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You may as well say you rather watch the club crash and burn before Qatar.

Anyone saying they would choose Elliot over Qatar is simply saying they would rather see the club destroyed than owned by Qatar.

Can't understand it.

I'm Qatar all the way.
Well if we are going to resort to hyperbole, then an oil state backed takeover would destroy the club and everything it ever stood for.
 
I can see an Elliott/INEOS joint venture,

Ineos - 69% (3.5bil + INEOS absorb debt which probably helps them from a tax perspective)
Elliott - 31% (Investing £1.5bil)

Debt free club can invest a lot over coming years in transfer market, all money saved on INEOS side probably goes into infrastructure work.

I should run an oversimplified YouTube channel.
 
I can see an Elliott/INEOS joint venture,

Ineos - 69% (3.5bil + INEOS absorb debt which probably helps them from a tax perspective)
Elliott - 31% (Investing £1.5bil)

Debt free club can invest a lot over coming years in transfer market, all money saved on INEOS side probably goes into infrastructure work.

I should run an oversimplified YouTube channel.
INEOS already have funding arranged with JPM and GS. They don’t need Elliot.
 
I don’t thinks this is true, the Elliot wouldn’t invest if it wasn’t the most likely scenario it was going to get its money back with significant interest, plus the Glazers currently have a chance to walk away with well over 4 billion if they sell, the only reason they wouldn’t sell is if the think they can continue to mill there cash cow.

What’s most likely is the debt stops us being able to compete at the top level for decades to come.

it won’t be the end of United as club, but the end of United as a significant player in the world footballing stage for the foreseeable future.

‘With Elliot’s track record the bolded part might be their worst case scenario. Best case would likely be the Glazers defaulting on the massive debt and handing control of the club to Elliot.
 
This forum is gonna be like Democrats v Republicans by the end of this.

the 50/50 divide, make redcafe great again.
 
I can see an Elliott/INEOS joint venture,

Ineos - 69% (3.5bil + INEOS absorb debt which probably helps them from a tax perspective)
Elliott - 31% (Investing £1.5bil)

Debt free club can invest a lot over coming years in transfer market, all money saved on INEOS side probably goes into infrastructure work.

I should run an oversimplified YouTube channel.

That £1.5bn to Elliot would be debt. It will have interest on it and need paying back. They’re looking to provide finance not buy the club themselves.

———

I’m anti-Qatar but if you put a gun to my head and asked me who I take out of them and Elliot, I’ll take the tainted gas money every time. Elliot need to feck right off.
 
You're insane. That will be the death of this club. I just don't understand you people.
Some people think that not winning is the most undignified position the club can find itself in. I think that being an absolute monarchy's play-thing is the most undignified position the club can be in.

But Elliot would be my least preferred option, except Qatar. Not that it matters, I also think that Qatar is most likely to end up buying the club.
 
feck me, but Elliot.
Of course, people like you who have no understanding of how firms like Elliot works would choose them. If that’s what you choose then you must be happy with the glazers as our owners bleeding this club to dry all these years.
 
Of course, people like you who have no understanding of how firms like Elliot works would choose them. If that’s what you choose then you must be happy with the glazers as our owners bleeding this club to dry all these years.
I work in the same business as Elliott.

But also
I sometimes explain or some might say 'defend' what financial firms do given some familiarity with the business models, but when it comes to Elliott my impression is pretty much what you're saying: they just see $, and usually shorter-term $ at that, to be extracted painfully if necessary.
And
Some people think that not winning is the most undignified position the club can find itself in. I think that being an absolute monarchy's play-thing is the most undignified position the club can be in.

But Elliot would be my least preferred option, except Qatar. Not that it matters, I also think that Qatar is most likely to end up buying the club.
 
Well if we are going to resort to hyperbole, then an oil state backed takeover would destroy the club and everything it ever stood for.
I’d say that’s an opinion rather than hyperbole. Everyone else gets to decide for themselves how they feel about a Qatari takeover.
 
Elliott are not looking to acquire any part of Manchester United. They are simply offering finance to those who do want to bid (other than nation states, nobody is going to be able to buy United or build a new OT, using cash).
...and that is what we don't want.

Why opt for Elliott and co if someone is willing to buy the club ,make it debt free,renovate/build the stadium with cash,etc ?

Feckers like Elliott are the last thing we need
 
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‘With Elliot’s track record the bolded part might be their worst case scenario. Best case would likely be the Glazers defaulting on the massive debt and handing control of the club to Elliot.
Yeah that’s the worst case. What ever happens If the Gkazers go the Elliot route it will have huge impact on the clubs fiancés for decades to come.
 
Any prospect of further debt being loaded onto the club and surely the British Government has to intervene this time, this is Manchester United, not someone's glorified ponzi scheme.

Don't fret no one is paying billions for a football club to load debt onto it.
 
I'm not sure what they could legally do.
Yep. The horse already bolted the day they (and the FA) allowed leveraged buyouts to pass the "fit and proper ownership" test. Now that literal murderous oil states are being allowed to snap up British clubs, you'd wonder what a potential owner would have to do (other than fail to pass on brown emvelopes) to actually fail the test.
 
What I’m still confused about is how there seems to be very little idea or talk of how SJR/Ineos buy us while owning Nice too. How is he getting round this? Does he plan to sell Nice and the other Swiss club? I’m sure it’s been explained somewhere in the bowels of this bastard thread but fecked if I can find it.
 
What I’m still confused about is how there seems to be very little idea or talk of how SJR/Ineos buy us while owning Nice too. How is he getting round this? Does he plan to sell Nice and the other Swiss club? I’m sure it’s been explained somewhere in the bowels of this bastard thread but fecked if I can find it.
It's not been fully explained, but I think that the Red Bull precedent is that as long as different people are decision makers at each club (Board, CEO, DoF, etc), UEFA has previously ok'd it.
 
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It's not been fully explained, but I think that the Red Bull precedent is that as long as different people are decision makers at each club, UEFA has previously ok'd it.
Ok thanks, yeah I’d read about that but why couldn’t QSI just do the same? Or are we saying they basically are in all but name with this Jassim fella.
 
What I’m still confused about is how there seems to be very little idea or talk of how SJR/Ineos buy us while owning Nice too. How is he getting round this? Does he plan to sell Nice and the other Swiss club? I’m sure it’s been explained somewhere in the bowels of this bastard thread but fecked if I can find it.

https://www.cityfootballgroup.com/our-clubs/

They don't really care.
 
Well if we are going to resort to hyperbole, then an oil state backed takeover would destroy the club and everything it ever stood for.
Why is that? Why does we hold a superior moral ground?

This club stands for success, were not a moral guide for anything. We're a football club and our history relies on tradition and most importantly on success.

Some people don't like the Qatar regime I understand that, but it has nothing to do with us. Not wanting Qatar because of what they represent I guess you don't consume anything from the middle east as well.

This fake moralism needs to die. I'll choose the one who has most chances of gets us back where we belong. In my eyes that's Qatar at this moment.
 
Why is that? Why does we hold a superior moral ground?

This club stands for success, were not a moral guide for anything. We're a football club and our history relies on tradition and most importantly on success.

Some people don't like the Qatar regime I understand that, but it has nothing to do with us. Not wanting Qatar because of what they represent I guess you don't consume anything from the middle east as well.

This fake moralism needs to die. I'll choose the one who has most chances of gets us back where we belong. In my eyes that's Qatar at this moment.
And where does that tradition principally come from?
 
This forum is gonna be like Democrats v Republicans by the end of this.

the 50/50 divide, make redcafe great again.
Yep. A group of divisive, scandalous, holier than thou types that want to destroy the country for the benefit of their own pockets, and then there's the Republicans. Jk obviously ffs
 
And where does that tradition principally come from?
Playing youngsters from the academy, playing attacking/spectacular football, and most importantly winning.

Maybe not being owned by Qatar is a tradition as well, in that case there's about 100 clubs in top leagues that have the same tradition.
 
The fact that Elliot were at the game last night is pretty brazen , they haven’t spent a lot of time saying this should be a private process and public statements etc are frowned upon then you have one group turning up to a game. That has me worried and a bit confused.

Does it mean now Jassim can turn up at any game he wants or SJR? V strange.

Yeah don't like the fact they were first over here,stinks that those leeches will choose them as allows the club to stay in their possession
 
Some people think that not winning is the most undignified position the club can find itself in. I think that being an absolute monarchy's play-thing is the most undignified position the club can be in.

But Elliot would be my least preferred option, except Qatar. Not that it matters, I also think that Qatar is most likely to end up buying the club.
So you would rather burn the club to the ground and have nothing left because... umm.. Qatar bad? Jesus. You do realize we're in shitload of debt and the good wolves in sheep clothing of Elliot are going to saddle us with a hell of a lot more + high interest from which they'll drain the club till every last penny of it gets extracted?

How can you people even call yourself fans of United I'll never understand. It's insane to me this moral virtue signalling you guys like to parade about. Like Qatar owning the club is going to change anything in relation to United.
 
Its either the Qataris or we will continue to have the well known cracks around.
 
I’ll say it again, it’s a small market to buy United at 5-6bn, I can’t imagine there would be a market if they somehow hit this mythical 10bn, especially after annoying the one party in Qatar who probably could bid that high.

If Elliot get involved then my suspicion is they have their eyes on the lands around old trafford as the inevitable settlement when the glazers/club end up in financial difficulty down the line. They would also be whoring out old trafford for any event they could. A la spurs.
 
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